The growth-employment-poverty nexus in Latin America in the 2000s: Colombia Country Study

Abstract

Between 2000 and 2013, Colombia experienced rapid economic growth. The country suffered a slowdown at the beginning of the period and during the international crisis of 2008, but during both slowdowns, the growth rate never turned negative. Most labour market indicators improved and followed the pattern of economic growth over the period. The only labour market indicator that did not improve between 2001 and 2013 was the employment structure by occupational position. The labour market indicators that were not affected negatively by the economic crisis were labour earnings, the poverty indices, and household per capita income inequality.